October 2020 – Page 3

Eastern Union Launches Small Loans Division

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Eastern Union launched a new Small Loans Division. The new national division will focus primarily on multifamily deals valued at less than $1.5 million, with a minimum loan size of $150,000. The division will also arrange financing for portfolios of single-family rental or smaller multifamily properties whose combined value can reach tens of millions of dollars. Transactions handled under the Small Loans Division will include office, retail, health care, hospitality, industrial and self-storage.

Next Generation Technology Solution for Real Estate Inspections

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Using a new technology solution from ServiceLink, borrowers can complete home inspections from the comfort and safety oftheir homes. The new mobile app, EXOS Inspect, uses a patent-pending technology featuring the latest artificial intelligence and an intuitive user interface that allows homeowners to complete secure video inspections for critical aspects of the lending and servicing process. The app is designed to guide homeowners through a step-by-step process, using any compatible

Luxury Single-Family Community Planned Near Denver

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Watermark Residential has acquired 20.25 acres of land in the Castle Pines suburb of Denver for the development of The Summit Townhomes & Villas. The luxury-leased residential community will feature one- to four-bedroom attached single-family homes and townhomes. The development is expected to be completed by December 2022. The development, located along Lagae Road south of Castle Pines Parkway, will consist of 214 homes averaging 1,410 square feet. All units will feature

Terrakan Debuts Real Estate Portal

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Terrakan has launched an all-inclusive portal that brings real estate together in one place. Homeowners using the portal can speak with professionals, ask for advice, take advantage of concierge services, read detailed property development research, post listings, conduct group projects and access educational tools and resources. Terrakan also offers information-gathering, elementary analysis and forums that help property owners connect and understand the industry. Homeowners can input specific data about single-family

Planet Home Lending Partners With the Farmlink Project

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National mortgage lender and servicer Planet Home Lending, LLC, has partnered with The Farmlink Project, a nonprofit grassroots movement rescuing millions of pounds of fresh produce that would otherwise go to waste. The Farmlink Project was started in mid-April by college students and recent graduates who saw a need to connect farmers with surplus crops to food banks in need. Since its start, The Farmlink Project has delivered meals to more than

Sesa Properties Pledges to Donate Meals for Houses Sold

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Sesa Properties LLP, a Brunswick, Ohio-based real estate investment company that buys houses for cash in Greater Cleveland has pledged to donate 200 meals to the Greater Cleveland Food Bank for every property they sell. “One of the major goals of Sesa Properties from the start has been to improve the communities of Greater Cleveland,” said Daniel Sarao, co-owner and managing partner. “Individuals in the local community are struggling and